Brief: Euro Cervantes lowers 2017, 2018 guidance due to higher financial expenses
25/01/2017 06:28
Jan 25 (Reuters) - Euro Cervantes SOCIMI SAU YEUR.MC :
* Said on Tuesday updates its forecast for FY 2017 and 2018
due to increase in financial expenses following a purchase of
stake in Barcelona shopping centre and obtaining a loan of 201
million euros ($216 million) urn:newsml:reuters.com:*:nFWN1EF0R7
* Sees FY 2017 net loss at 16.9 million euros versus loss of
12.3 million euros previously stated
* Sees FY 2018 net loss at 26.0 million euros versus loss of
9.7 million euros previously stated
Source text: http://bit.ly/2jXYCzv
Further company coverage: YEUR.MC
($1 = 0.9325 euros)
(Gdynia Newsroom)
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